Vermilion County, Illinois: commercial real estate data.
Vermilion County, Illinois has a population of 72,386 across 898 square miles, down 4.2 percent since the 2020 census base. County output reached $4.18 bn in 2024, 1,300 establishments operate here, and the SBA record carries 45 7(a) approvals worth $23.7 m.
126 sourced county values · tier FULL · 12 sections
Vermilion County
How many people live in Vermilion County
- Population72,386
- Households30,084
- Average household size2.41
- Median household income$56,877
- Median age41.3
- Median gross rent$838 per month
- Median owner-occupied home value$97,200
- Home value to household income1.7 times
- Annual rent as a share of median income17.7 percent
- Adults 25 and over with a bachelor degree or higher19.2 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over49,879
- Population under 1816,954
- Share under 1823.4 percent
- Population 65 and over14,698
- Share 65 and over20.3 percent
- Working age population, 18 to 6440,734
- Civilian labor force32,298
- Unemployment rate6.1 percent
- Labor force participation, adults 18 and over58.3 percent
- Rank by population among Illinois counties21st of 102
- Rank by population among US county-equivalents772nd
Vermilion County is the 21st largest of 102 Illinois counties by population. A median home costs 1.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.4 percent against 20.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Vermilion County
Is Vermilion County growing
- Population change since the 2020 census base-4.17 percent
- Census 2020 base population74,203
- Births, 2024776
- Deaths, 20241,133
- Natural change, 2024-357
- Net domestic migration, 2024-107
- Net international migration, 202421
- Total net migration, 2024-86
- Cumulative net domestic migration, 2021 to 2024-1,589
- Rank by growth among US county-equivalents2920th
The county has lost 4.17 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Vermilion County
Where people moving to Vermilion County come from
- Tax returns filed by households arriving1,063
- People arriving, from those returns1,991
- Adjusted gross income arriving$43.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$40,507
- Largest single originVermilion County Non-migrants (26,720 households)
- Largest single destination (26,720 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Vermilion County Non-migrants | 26,720 | 53,281 | $1.60 bn |
| Other flows - Different State | 462 | 873 | $20.1 m |
| Other flows - Midwest | 213 | 401 | $9.4 m |
| Champaign County | 209 | 405 | $9.9 m |
| Other flows - Same State | 197 | 343 | $7.0 m |
| Other flows - South | 183 | 350 | $6.9 m |
| Cook County | 83 | 159 | $2.4 m |
| Other flows - West | 66 | 122 | $3.8 m |
The largest single source of arrivals is Vermilion County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Vermilion County
What the Vermilion County economy runs on
- County GDP, 2024$4.18 bn
- County GDP, 2023$4.11 bn
- GDP change, 2023 to 20241.7 percent
- GDP change over five years28.7 percent
- Rank by GDP among Illinois counties23rd
- Rank by GDP among US county-equivalents785th
- GDP per resident$57,748
Output grew 1.7 percent in the latest year and 28.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Vermilion County
Who employs people in Vermilion County
- Covered employment, annual average25,748
- Establishments reporting1,313
- Average annual pay$54,579
- Average weekly wage$1,050
- Sector 31-33, employment4,038
- Sector 31-33, average annual pay$66,630
- Sector 44-45, employment2,993
- Sector 44-45, average annual pay$32,259
- Sector 62, employment2,859
- Sector 62, average annual pay$53,718
- Sector 72, employment2,012
- Sector 72, average annual pay$19,401
- Sector 42, employment1,880
- Sector 48-49, employment1,414
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 4,038 | 74 | $66,630 |
| Sector 44-45 | 2,993 | 213 | $32,259 |
| Sector 62 | 2,859 | 116 | $53,718 |
| Sector 72 | 2,012 | 145 | $19,401 |
| Sector 42 | 1,880 | 70 | $70,291 |
| Sector 48-49 | 1,414 | 50 | $49,551 |
| Sector 52 | 1,170 | 57 | $79,391 |
| Sector 56 | 921 | 48 | $82,916 |
The largest sector is the biggest private employer group at 4,038 jobs, 15.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Vermilion County
What businesses operate in Vermilion County
- Establishments, all industries1,300
- Employment at those establishments23,008
- Annual payroll$1.16 bn
- Establishments per 1,000 residents18.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Vermilion County
What is being built in Vermilion County
- Housing units authorised by permit, 20244
- Declared construction value permitted$1.9 m
- Single family units authorised4
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$469,762
- Units authorised per 1,000 households0.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Vermilion County
How much SBA lending happens in Vermilion County
- 7(a) approvals recorded45
- 7(a) gross approval dollars$23.7 m
- Average 7(a) approval$525,604
- Median 7(a) approval$252,000
- 10th percentile approval$70,000
- 90th percentile approval$1,376,900
- Largest single approval$4,183,000
- Jobs reported supported, 7(a)455
- Jobs per approval10.1
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals28
- Median 7(a) term180 months
- Share of loans on real estate terms, 240 months or longer42.2 percent
- Loans on real estate terms19
- Loans on working capital terms, 120 months or shorter15
- Franchise loans6
- Franchise share of approvals13.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (6)
- Most active lenderThe Fisher National Bank (23)
- 504 approvals recorded23
- 504 gross approval dollars$9.8 m
- Average 504 approval$427,522
- Median 504 approval$309,000
- Distinct CDCs active2
- 504 jobs per approval9.7
- 504 jobs per million dollars approved22.6
- Most active CDCSmall Business Growth Corporation (14)
- 7(a) share of SBA approvals66.2 percent
- Combined SBA approval dollars$33.5 m
The average approval of $525,604 sits well above the median of $252,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. 42.2 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Vermilion County
Do SBA loans in Vermilion County get paid back
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Cancelled4
- Status: Exempt from disclosure33
- Status: Committed, not yet disbursed3
Too few loans have reached a final outcome to publish a charge off rate. only 5 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Vermilion County
Which parts of Vermilion County get the lending
- Places in the county with recorded lending9
- DANVILLE, approvals35
- Westville, approvals2
- SIDELL, approvals2
- STRAWBERRY PLAINS, approvals1
- Bismarck, approvals1
- Catlin, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| DANVILLE | 35 | $21,336,700 |
| Westville | 2 | $375,000 |
| SIDELL | 2 | $640,500 |
| STRAWBERRY PLAINS | 1 | $150,000 |
| Bismarck | 1 | $85,000 |
| Catlin | 1 | $128,000 |
| Hoopeston | 1 | $62,000 |
| Rankin | 1 | $25,000 |
DANVILLE accounts for 35 approvals against 2 in Westville. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Vermilion County
How big is Vermilion County
- Land area898 sq mi
- Rank by land area among Illinois counties7th of 102
- Width, east to west21.7 mi
- Height, north to south42.2 mi
- Geographies sharing a boundary4
- Residents per square mile of land81
- Establishments per square mile1.45
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Vermilion County
What hazards affect Vermilion County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book18
- Of those, participating in the NFIP13
- NFIP participation rate72.2 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Vermilion County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Vermilion County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population72,386
- Households30,084
- Average household size2.41
- Median household income$56,877
- Median age41.3
Common questions
Vermilion County questions, answered from the record.
How many people live in Vermilion County, Illinois?
72,386, in 30,084 households, ranking 21st of 102 Illinois counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Vermilion County growing?
The population has fallen 4.17 percent since the 2020 census base. In 2024 there were 776 births against 1,133 deaths, with net migration of -86. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Vermilion County?
$56,877. The median owner-occupied home is valued at $97,200, which is 1.7 times income, and median gross rent is $838 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Vermilion County?
1,300 establishments, employing 23,008 people with an annual payroll of $1.16 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Vermilion County?
Average annual pay is $54,579, or $1,050 a week, across 25,748 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Vermilion County?
45 7(a) approvals totalling $23.7 m since FY2020, across 14 lenders, with a median approval of $252,000, plus 23 504 approvals worth $9.8 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Vermilion County?
4 housing units were authorised by permit in 2024, with a declared construction value of $1.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Vermilion County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Vermilion County come from?
The largest single origin is Vermilion County Non-migrants, with 26,720 households. Arriving households report an average income of $40,507 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Vermilion County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Vermilion County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.